Adam Forsyth

Lighter surpasses Hyperliquid with $9B in 24-hour DEX volume

Key Takeaways Lighter reached $9 billion in 24-hour decentralized exchange (DEX) volume, surpassing Hyperliquid. This achievement positions Lighter as the leading perpetual futures DEX by trading volume. Share this article Lighter, a decentralized exchange specializing in perpetual futures trading, surpassed Hyperliquid with approximately $9 billion in 24-hour DEX volume today. The milestone marks a significant…

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Cardano seeks 70 million ADA from Treasury for core infrastructure buildout

Key Takeaways Cardano proposes allocating 70 million ADA from its Treasury to support key ecosystem infrastructure by 2026. The initiative targets core integrations such as stablecoins, institutional custody, cross-chain bridges, and analytics to strengthen Cardano’s DeFi and real-world asset capabilities. Share this article A coalition of key Cardano organizations has jointly submitted a budget proposal…

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Visa expands, China issues major rules

In this week’s edition of the weekly recap, Visa partnered with Aquanow for regional stablecoin settlement expansion, China reinforced its prohibition on crypto, and the UK introduced comprehensive reporting requirements for cryptocurrency traders. Summary Visa expands stablecoin settlement while China and the UK tighten crypto rules. Tether exits Uruguay mining as Upbit, Polymarket and MoonPay…

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Bitcoin approaches $93,000 as rally extends

Key Takeaways Bitcoin moved past $92,000 today, inching closer to another milestone as its rally continues. Institutional inflows via ETFs are contributing to positive market sentiment. Share this article Bitcoin reached as high as $92,900 today, bringing it just shy of the $93,000 mark as its steady advance continues. The digital asset has experienced high…

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